• Samsung to acquire all of Sony's shares of S-LCD, making the joint venture its wholly-owned subsidiary
• Sony and Samsung enter into a strategic agreement for supply and purchase of LCD panels.

Tokyo, Japan - Sony Corporation (“Sony”) and Samsung Electronics Co., Ltd. (“Samsung”) today announced that the two companies have signed agreements to transition the current business relationship with respect to LCD panels.

Contradicting a belief that Apple refuses to license its patented technology to competing companies, a new report reveals that both Nokia and IBM licensed a patent covering iOS touch-based scrolling, and a licensing agreement was also offered to Samsung.